Tuesday, 10 November 2015

Steel is one of the most
important and versatile materials in the world. With its undeniable strength
and ability to be repeatedly recycled, it has become a vital component for
construction, transport and telecommunications and is even more crucial than
one might think to the overall functionality of our day-to-day lives.

Here are 10
interesting facts that will make you think twice about the use of steel and how
significant it really is:

1. Steel is an integral
part of the circular economy promoting zero waste, reuse of resources and is
continuously recycled, helping build a sustainable future.

2. The strength of steel
is what makes it an essential factor in the construction and the durability of
buildings around the world, such as the Sydney Harbour Bridge, which required
52,800 tonnes of steel in its construction.

3.The steel industry globally
spends more than $12 billion annually on improving the manufacturing process,
new product development and future breakthrough technology.

4. Steel is the main
material used in enabling the delivery of renewable energy: solar, tidal and wind.

5. Steel comprises
approximately 75% of all major appliances.

6. The steel industry is
the second biggest industry in the world after oil and gas with an estimated
global turnover of USD900 billion.

7. By 2050, steel use is
projected to increase to be 1.5 times higher than present levels in order to
meet the needs of our growing population.

8. Annually over 15 million cars are recycled worldwide, which provides enough
material to produce about 15 million brand new cars.

9. The entire telecommunications network around the world would be non-existent without steel!

10. By using a steel frame to build a house instead of wood, you could save up to 40 fully grown trees, working towards a more sustainable future for the environment.

These 10 facts should provide you with further insight into the versatile world
of steel, ensuring that your next encounter with steel generates a second
thought.